Seven Pennsylvania municipalities filed a lawsuit Thursday challenging a new state law which gives shale gas-rich counties the ability to impose a 15-year impact fee on unconventional gas wells, claiming that it supersedes local authority over drilling and violates the state and U.S. Constitution.
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Articles from Addition
Analysts See Potential for Coal Switching to Balance Gas Market
Continuing low prices for natural gas could make it possible for the addition of anywhere from 2 Bcf/d to 10 Bcf/d in demand due to displacement of coal-fired power generation, various analysts have estimated.
March 19, 2012
Analysts See Potential for Coal Switching to Balance Gas Market
Continuing low prices for natural gas could make it possible for the addition of anywhere from 2 Bcf/d to 10 Bcf/d in demand due to displacement of coal-fired power generation, various analysts have estimated.
March 15, 2012
Noble Keeping Marcellus Powder Dry
This year is the first in a multi-year period of growth for Noble Energy Inc. as the company realizes the payoff from “multiple years of exploration success,” CEO Charles Davidson told financial analysts Thursday during an earnings conference call. However, dry gas production from the Marcellus Shale is not part of the windfall, at least not for a while.
February 10, 2012
GeoSouthern Raises $1B for Eagle Ford Development
GeoSouthern Energy Corp. will use the proceeds from a $1 billion credit facility that closed Thursday to continue the development of its 173,000 gross acre position in the condensate and oil windows of the Eagle Ford Shale in South Texas, the privately held independent exploration and production company said.
February 10, 2012
Driller: In the Marcellus, Growth Has Its Seasons
Executives at drilling and pressure pumping contractor Patterson-UTI Energy Inc. have experienced a seasonal slowdown in the northeastern U.S. energy patch, they told financial analysts during an earnings conference call.
February 6, 2012
Sunoco Interested in Appalachian Propane, Butane
With stranded ethane in the Appalachian Basin starting to find markets, Sunoco Logistics Partners LP is looking at ways to move other natural gas liquids (NGL) from the region.
February 1, 2012
Scientist: Quakes from Injection Wells Can Be Avoided
Earthquakes such as the one that forced a wastewater disposal well in Youngstown, OH, to be closed at the beginning of the year can be avoided if oil, natural gas and service companies are more knowledgeable of the local and regional geology.
January 30, 2012
Wastewater Well Operator D&L Energy To Fund Ohio Quake Study
The Ohio company that owns a wastewater disposal well in Youngstown shut down by state regulators for allegedly triggering a series of earthquakes will pay for a study to determine the cause of the seismic activity.
January 11, 2012
Capacity Increases Planned for Wet-Gas Marcellus
A Pennsylvania joint venture is set to start work on two midstream assets that could ease a bottleneck in one of the fastest growing counties in the Marcellus Shale.
December 30, 2011
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